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Compagnie Générale des Établissements Michelin Stock Dividends Overview

ML.PA pays dividends yearly. Last paid amount was 1.25€ at May 17, 2023. As of today, dividend yield (TTM) is 4.55%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.55%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share 1.25€
Next Ex-Dividend Date May 22, 2024
Next Payment Date May 24, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from ML the purchase should be done within the next 2 days.
Here's a simple guide on how to buy ML stock.

ML Dividend Payout History

To ensure a understanding of ML's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 22, 2024 May 22, 2024 May 24, 2024 1.35€ 3.63%
2 May 17, 2023 May 17, 2023 May 17, 2023 1.25€ 4.55%
3 May 17, 2022 May 17, 2022 May 17, 2022 1.13€ 3.86%
4 May 25, 2021 May 25, 2021 May 25, 2021 0.575€ 1.90%
5 Feb 10, 2020 Jul 01, 2020 Jul 01, 2020 0.500€ 2.21%
6 Feb 11, 2019 May 21, 2019 May 23, 2019 0.93€ 3.57%
7 Feb 12, 2018 May 22, 2018 May 24, 2018 0.89€ 3.06%
8 Feb 14, 2017 May 24, 2017 May 26, 2017 0.81€ 2.82%
9 Feb 16, 2016 May 17, 2016 May 19, 2016 0.713€ 3.30%
10 Feb 10, 2015 May 26, 2015 May 28, 2015 0.625€ 2.50%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (57.64%)

Growth potential

Potential for dividend initiation, but uncertain (16.67%)

ML Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from ML dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ML stock here.

Comparing ML to Sector and Country

ML.PA pays a solid dividend yield of 4.55%, which is higher than the average of the bottom 25% of dividend payers in the FR market (0.352%). ML.PA’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the FR market (6.95%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of ML.PA's dividend payments?
The amount of ML.PA's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in ML.PA sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from ML.PA stock be automatically reinvested?
If ML.PA offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy ML.PA stock.

How often does ML.PA pay dividend?
Compagnie Générale des Établissements Michelin (ML.PA) pays dividends yearly. The most recent payout was on May 17, 2023. The upcoming dividend Ex Date is May 22, 2024, with an amount of 1.35€.

How much does ML.PA pays per share?
The last recorder (May 17, 2023) dividend per share was 1.25€.

What is ML.PA dividend growth rate?
Over the last year, Compagnie Générale des Établissements Michelin has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 29.54%. Furthermore, examining the past 5 years, Compagnie Générale des Établissements Michelin has maintained an average Dividends Per Share Growth Rate of 6.21%.
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About Compagnie Générale des Établissements Michelin

Compagnie Générale des Établissements Michelin Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires worldwide. The company offers tires for private use covering cars, racing, biking, motorcycles, scooters, and mopeds; and professional use, such as freight and people transport, agriculture, construction and industrial, mining and quarries, corporate fleets, tradesmen and professionals, civil and military operations, light rail, and ... ML.PA Profile

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